MarketsFarm — Wheat futures on the Chicago Board of Trade (CBOT) hit multi-month lows, which put pressure on Western Canadian wheat bids, during the week ended Thursday. Despite tighter wheat supplies in the U.S. and worldwide compared to last year, as well as the ongoing Russian invasion of Ukraine, wheat futures reached depths which weren’t […] Read more
Prairie cash wheat: U.S. futures drag on bids
Last separate elections for cereal groups
Reading Time: < 1 minute In their last go-round before a full merger, Alberta Wheat and Alberta Barley have largely filled director spots but still need a number of regional reps. Three directors were acclaimed to the board of Alberta Wheat: Dean Hubbard of Claresholm in Region 1 along with Greg Sears of Sexsmith and David Bartlett of Fairview in […] Read more
The old guard in malt barley is starting to give way
Two up-and-comers top the recommended list from the Canadian Malting Barley Technical Centre
Reading Time: 3 minutes The short list of recommended malt barley varieties is even shorter this year and a familiar name is missing. There are only four on this year’s list of varieties recommended by the Canadian Malting Barley Technical Centre. “At the top of the list this year are two of Canada’s newer varieties, AAC Connect and CDC […] Read more
Feed weekly outlook: Wheat, barley eschewed for other grains
Oats, corn finding demand as feed
MarketsFarm — Feed wheat and barley prices in Alberta’s feedlot alley are coming down, largely due to the increasing presence of corn imported from the U.S. The high-delivered bid for Alberta feed barley on Wednesday was $9.80 per bushel, 11 cents lower than the previous week and 22 cents lower than one month earlier, according […] Read more
Prairie cash wheat: Bids drop with U.S. futures
Canadian dollar also down on week
MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Thursday, as U.S. wheat futures posted losses — although softness in the Canadian dollar did provide some underlying support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3.50-$6.40 per tonne across the Prairies, according […] Read more
Feed weekly outlook: Looming corn imports to keep lid on Prairie barley
MarketsFarm — Large shipments of corn from the U.S., slated for delivery to Alberta’s feedlot alley, should keep domestic barley prices under pressure going forward, according to an analyst. “The barley price here will gradually decline,” said Errol Anderson of Pro Market Communications in Calgary, adding that up to 30 unit trains of U.S. corn […] Read more
Feed weekly outlook: Grain prices expected to hold firm
'The farmer doesn't seem super interested in selling'
MarketsFarm — Feed prices on the Prairies are likely to remain steady through to the new year, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “I think the markets for now are to be flat,” he said, noting there has been talk in the market of 25 trains of U.S. corn that have […] Read more
Prairie cash wheat: Bids steady following Ukraine volatility
U.S. wheat futures up on week
MarketsFarm — A roller-coaster type of week for grain markets, fuelled by the ongoing conflict between Ukraine and Russia, ended with slightly higher bids for western Canadian wheat for the week ended Thursday. As optimism grew over the renewal of Russia’s agreement to allow Ukrainian grain shipments on the Black Sea, wheat futures on the […] Read more
Cereal producers back merger but it won’t happen overnight, say officials
Amalgamating Alberta Wheat and Alberta Barley is complicated but should be done by summer
Reading Time: 3 minutes A merged wheat and barley commission will be up and running by August after Alberta growers overwhelmingly voted to amalgamate the two groups. “August 1 would be the ideal launch date (as) July 31 is the end of our fiscal year,” said Tom Steve, general manager for both groups, which merged their leadership and administrative […] Read more
Feed weekly outlook: More corn, oats in feed rations
'Very weird situation to be seeing again'
MarketsFarm — As prices for feed barley and wheat increase, more feedlots are turning to corn, according to Susanne Leclerc of Market Master Ltd. at Edmonton. “A lot of places are switching to corn. The desirability of feed barley has been coming down,” she said. “So it will be interesting to see which way the […] Read more
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